Finore Appoints a Technical Advisor and Grants Stock Options
April 12, 2012 09:00 ET
Finore Appoints a Technical Advisor and Grants Stock Options
VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 12, 2012) -FINORE MINING INC.(CNSX:FIN)(OTCQX:FNREF) (the "Company" or "Finore"), is pleased to announce the appointment of Mohan R. Vulimiri to Finore's Board of Advisors as a Technical Advisor to the Company, effective April 10, 2012.
Mohan R. Vulimiri, M.Sc., P.Geo.
Mohan Vulimiri has many years public company experience, having been involved in the management of numerous junior and established companies. A graduate of the prestigious Indian Institute of Technology (IIT Kharagpur, India) with a Bachelor of Science (Honours) in Applied Geology and a Master of Science degree in Economic Geology from University of Washington, USA, he has over 30 years experience in the exploration and delineation of ore deposits with emphasis on structural controls and modes of occurrence of mineral zones. Mohan is currently the CEO and Director of Nortec Minerals Corp.
"We are delighted to welcome Mr. Vulimiri to our team. His world class expertise in mineral and in-depth knowledge of the LK Project will be invaluable to us as we progress further with the LK Project," commented Peter Hughes, Chairman.
The Company also wishes to announce that it has granted 200,000 incentive stock options to the newly appointed Technical Advisor. The options are exercisable on or before April 10, 2017 at an exercise price of $0.46 per share.
About Finore Mining Inc.
Finore is currently earning an undivided 80% interest in and to certain exploration claims known as the LK Project as part of the Option Agreement with Nortec Minerals Corp (see Finore news release dated September 21, 2011). Finore's goal is to define a large-tonnage PGE+Au-Cu-Ni deposit in Finland, thereby maximizing value on behalf of its shareholders.
For more information please visit the Company's website at [ www.finoremining.com ].
On behalf of the board of directors of Finore Mining Inc.,
Peter Hughes, Chairman and Director
The CNSX does not accept responsibility for the adequacy or accuracy of this release.